11 Oct 2021
1. ) KWANG SHEN STEEL INDUSTRIES SDN BHD 2. ) MOU, YU-HUI NG CHEE MENG
- Citation
- WA-12ANCVC-176-06/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-12ANCVC-176-06/2021 (Mahkamah Tinggi)
The High Court held the RM500,000 was a one‑off friendly loan with no interest and the plaintiff was not carrying on a business of moneylending; the defendants failed to raise any arguable or triable issues and their denials were bare and inconsistent with contemporaneous documents (the letter agreement and post‑dated cheques), therefore summary judgment was correctly granted and the appeal was dismissed.